Research on dynamics in a resource extraction game with bounded rationality

DOI10.1016/J.AMC.2014.03.075MaRDI QIDQ273370zbMATH OpenOpenAlexFDO

Authors Zhanwen Ding, Dongliang Ge, Shumin Jiang, Qiang Li

Publication date 21 April 2016

Published in Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.amc.2014.03.075

zbMATH Keywords

Nash equilibriumbounded rationalitydynamic systemgameresource

Mathematics Subject Classification ID

Applications of game theory (91A80) Special types of economic markets (including Cournot, Bertrand) (91B54) Rationality and learning in game theory (91A26)

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Cites work

• A Theory of 'Oil'Igopoly: Cournot Equilibrium in Exhaustible Resource Markets with Fixed Supplies
• Analysis of a duopoly game with delayed bounded rationality.
• Analysis of nonlinear triopoly game with heterogeneous players
• Analysis of the dynamics of Cournot team-game with heterogeneous players
• Analysis of the dynamics of multi-team Bertrand game with heterogeneous players
• Complex dynamics and synchronization of a duopoly game with bounded rationality
• Complex dynamics in a nonlinear cobweb model for real estate market
• Dynamical systems and the arising of cooperation in a Cournot duopoly
• Equilibrium path in oligopolistic market of nonrenewable resource
• New results on stable region of Nash equilibrium of output game model
• Oligopoly equilibria in nonrenewable resource markets
• On Oligopolistic Markets for Nonrenewable Natural Resources
• The dynamics of Bowley's model with bounded rationality

Cited in

(3)

• Strong and weak rarity value: resource games with complex price-scarcity relationships
• Complex dynamics analysis for a duopoly Stackelberg game model with bounded rationality
• A note on topological aspects in dynamic games of resource extraction and economic growth theory

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